Mortgage Underwriter
Annual salary range
₹2 Lakhs - ₹8.5 Lakhs
Very High Confidence 
Very High Confidence means the data is based on a large number of latest salaries.
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Filter salaries byMortgage Underwriter Salary in India (Updated 2025)
based on 2k
latest salaries
• updated:
22 Mar 2025
Select an experience to get the exact salary
Salary of majority employees
Mortgage Underwriter Salary in India ranges between ₹2 Lakhs to ₹8.5 Lakhs for 1 year of experience to 8 years of experience. Salary estimates are based on 2k latest salaries received from Mortgage Underwriter.
Explore on this page
Top paying companies
Popular companies
Latest annual salaries
Salaries by experience
Jobs
available
Similar designations
Salary related reviews
Top interview questions
| Company name | Avg. annual salary | Open Jobs |
|---|---|---|
XL Dynamics Mortgage Underwriter Salary
2 years exp |  | |
SitusAMC Mortgage Underwriter Salary
2 years exp | | |
 Mortgage Underwriter Salary
2 years exp | | |
 Mortgage Underwriter Salary
2 years exp | | |
 Mortgage Underwriter Salary
2 years exp | | |
Is this list helpful? | ||
View more companies
| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
0 -
4
yrs
exp.
(202 salaries)
|
₹1.3 L/yr - ₹6 L/yr | |
|
2 -
13
yrs
exp.
(196 salaries)
|
₹4 L/yr - ₹10.8 L/yr | |
Login to view exact salary
| ||
0 -
10
yrs
exp.
(179 salaries)
|
₹2 L/yr - ₹10.2 L/yr | |
1 -
9
yrs
exp.
(160 salaries)
|
₹2 L/yr - ₹7 L/yr | |
0 -
9
yrs
exp.
(116 salaries)
|
₹1.8 L/yr - ₹8.2 L/yr | |
1 -
8
yrs
exp.
(87 salaries)
|
₹2.1 L/yr - ₹10.2 L/yr | |
|
2 -
9
yrs
exp.
(64 salaries)
|
₹3.5 L/yr - ₹9 L/yr | |
1 -
7
yrs
exp.
(57 salaries)
|
₹2.4 L/yr - ₹5.1 L/yr | |
Login to view exact salary
| ||
|
1 -
10
yrs
exp.
(57 salaries)
|
₹2.9 L/yr - ₹9 L/yr | |
0 -
5
yrs
exp.
(56 salaries)
|
₹2 L/yr - ₹4.5 L/yr | |
Latest annual salaries shared by Mortgage Underwriters
2d ago
TCS
Mortgage Underwriter
2 years exp.
3d ago
India Mortgage Guarantee Corporation
Mortgage Underwriter
8 years exp.
5d ago
TCS
Mortgage Underwriter
2 years exp.
1w ago
TCS
Mortgage Underwriter
7 years exp.
1w ago
UST
Mortgage Underwriter
1 year exp.
1w ago
Barclays
Mortgage Underwriter
6 years exp.
1w ago
Envision Infotec
Mortgage Underwriter
4 years exp.
1w ago
TCS
Mortgage Underwriter
6 years exp.
1w ago
Mphasis
Mortgage Underwriter
5 years exp.
1w ago
Barclays
Mortgage Underwriter
5 years exp.
View all latest salaries
Mortgage Underwriter salaries by
| Years of experience | Avg. annual salary |
|---|---|
1
year
(328
salaries)
| ₹1.5 L/yr - ₹5 L/yr |
2
years
(417
salaries)
| ₹2.1 L/yr - ₹6.7 L/yr |
Login to view exact salary
| |
3
years
(364
salaries)
| ₹2.5 L/yr - ₹7 L/yr |
4
years
(299
salaries)
| ₹2.8 L/yr - ₹8.3 L/yr |
5
years
(214
salaries)
| ₹3 L/yr - ₹8.2 L/yr |
View all salaries by experience
Mortgage Underwriter Jobs in India
Mortgage Underwriter
· 2-5 years
KG Invicta Services (KGiS)
Coimbatore
Mortgage Underwriter
· 2-7 years
Inspiration Manpower Consultancy Pvt. Ltd.
Bangalore / Bengaluru
Mortgage Underwriter
· 1-6 years
Ignites Human Capital
₹4
L/yr
- ₹8
L/yr
Bangalore / Bengaluru
Similar Designation Salary
| Similar Designation | Avg. annual salary |
|---|---|
Management Trainee Salary
0 -
8
years
exp.
(50.6k salaries)
| ₹2 L/yr - ₹17 L/yr |
Finance Executive Salary
1 -
9
years
exp.
(36.5k salaries)
| ₹1.7 L/yr - ₹7.3 L/yr |
Login to view exact salary
| |
Manager Salary
4 -
16
years
exp.
(3.2L salaries)
| ₹4 L/yr - ₹31.9 L/yr |
Process Developer Salary
2 -
7
years
exp.
(31.4k salaries)
| ₹2.4 L/yr - ₹5.5 L/yr |
Senior Executive Salary
2 -
11
years
exp.
(2.5L salaries)
| ₹2.4 L/yr - ₹9.5 L/yr |
View more similar designations
Salary related reviews by similar designations like Mortgage Underwriter
EXL Service
Senior Executive
• posted on 24 Dec 2024
Likes
I worked at EXL for nearly three years and had an incredibly fulfilling experience. The company's work culture stood out as one of the best aspects, fostering a positive and collaborative environment that greatly enhanced my professional growth. I truly appreciated the supportive management, opportunities for learning, and the overall satisfaction I derived from my role. It was a journey that enriched my skills and left a lasting positive impression on me.
read more- Salary - Good
+5 more
Dislikes
one aspect that I found less satisfactory was the salary, which I felt was not up to the mark. Despite this, the enriching experience and the excellent work culture made my time at EXL worthwhile.
read moreAccenture
Manager
• posted on 17 Jan 2025
Likes
Org is Serious about quality of client delivery. Salary and hikes are better than peers. Promotions based on work
read more- Salary - Good
+5 more
Dislikes
The culture has diluted over last 15 years. Its not the Accenture that it was 15 years back.. HR has no say now and its all senior management driven
read moreTCS
Process Associate
• posted on 10 Dec 2024
Likes
Here you can work life balance and learn many things even company providing you multiple learning platform where you upskill your self
read more- Skill development - Excellent
+3 more
Dislikes
Here salary is low in compare to other equivalent MNC and incriminating is also low but other benefits like job security are great
read moreTeleperformance
Management Trainee
• posted on 09 Feb 2025
Likes
Although appraisals and salary increase are modest, the pay is competitive, especially for those with experience.
read more- Salary - Excellent
+6 more
Dislikes
Nothing
Cognizant
Manager
• posted on 04 Dec 2024
Likes
Compensation when you join is good
- Salary - Good
+2 more
Dislikes
Management is biased.. Onsite opportunities are reserved for manager favourite.. Only Us projects are more..not much into APAC and middle east
read more- Promotions - Poor
+1 more
Top skills for Mortgage Underwriter
Mortgage Underwriter Salary By Locations
| Locations | Avg. annual salary |
|---|---|
Bangalore / Bengaluru
Mortgage Underwriter
1 -
8
years
exp.
| ₹2.2 L/yr - ₹8 L/yr |
Chennai
Mortgage Underwriter
1 -
8
years
exp.
| ₹1.8 L/yr - ₹6.9 L/yr |
Login to view exact salary
| |
Mumbai
Mortgage Underwriter
1 -
8
years
exp.
| ₹2.7 L/yr - ₹9 L/yr |
Pune
Mortgage Underwriter
1 -
8
years
exp.
| ₹2 L/yr - ₹8.1 L/yr |
Hyderabad / Secunderabad
Mortgage Underwriter
1 -
8
years
exp.
| ₹2.3 L/yr - ₹8.5 L/yr |
View More
Mortgage Underwriter Salary By Industries
| Industries | Avg. annual salary |
|---|---|
IT Services & Consulting Mortgage Underwriter
1 -
8
years
exp.
| ₹2 L/yr - ₹7 L/yr |
BPO Mortgage Underwriter
1 -
8
years
exp.
| ₹2.2 L/yr - ₹8.3 L/yr |
Login to view exact salary
| |
Financial Services Mortgage Underwriter
1 -
8
years
exp.
| ₹2.3 L/yr - ₹9 L/yr |
Software Product Mortgage Underwriter
1 -
8
years
exp.
| ₹1.9 L/yr - ₹8.3 L/yr |
Analytics & KPO Mortgage Underwriter
1 -
8
years
exp.
| ₹1.8 L/yr - ₹8 L/yr |
View More
Frequently Asked Questions (FAQS) about Mortgage Underwriter Salaries
What is the salary of a Mortgage Underwriter in India?
The salary of a Mortgage Underwriter in India varies based on experience, location, company & Industry.
On average, Mortgage Underwriter salaries ranges from ₹2.0 Lakhs to ₹8.5 Lakhs per year. Top companies and specialized roles may offer higher compensation.
The average starting salary is around ₹2.0 Lakhs to ₹8.5 Lakhs per year, with the highest salary reaching ₹6.0 Lakhs to ₹9.5 Lakhs per year. Salary estimates are based on 2k salaries received from various Mortgage Underwriters across industries.
The average starting salary is around ₹2.0 Lakhs to ₹8.5 Lakhs per year, with the highest salary reaching ₹6.0 Lakhs to ₹9.5 Lakhs per year. Salary estimates are based on 2k salaries received from various Mortgage Underwriters across industries.
What are the top paying companies that employ Mortgage Underwriters?
Mortgage Underwriter Salaries at Top paying companies in India are
Salaries depend on experience, role, and location. Additional compensation may include bonuses and stock options.
| XL Dynamics Mortgage Underwriter Salary | ₹6 Lakhs to ₹9.5 Lakhs per year |
| SitusAMC Mortgage Underwriter Salary | ₹2.2 Lakhs to ₹8.5 Lakhs per year |
| Altisource Mortgage Underwriter Salary | ₹5.2 Lakhs to ₹7 Lakhs per year |
| VERITY GLOBAL SOLUTIONS Mortgage Underwriter Salary | ₹3.1 Lakhs to ₹8 Lakhs per year |
| WNS Mortgage Underwriter Salary | ₹3.5 Lakhs to ₹7 Lakhs per year |
What are the top paying cities for Mortgage Underwriter in India?
The annual salary for Mortgage Underwriter in India varies by location. Top paying cities for Mortgage Underwriter are
Salary expectations for Mortgage Underwriter may vary based on job roles, experience, and specific employer requirements.
| Mortgage Underwriter Salary in Bangalore / Bengaluru | ₹2.2 Lakhs to ₹8.0 Lakhs per year |
| Mortgage Underwriter Salary in Chennai | ₹1.8 Lakhs to ₹6.9 Lakhs per year |
| Mortgage Underwriter Salary in Mumbai | ₹2.7 Lakhs to ₹9.0 Lakhs per year |
| Mortgage Underwriter Salary in Pune | ₹2.0 Lakhs to ₹8.1 Lakhs per year |
| Mortgage Underwriter Salary in Hyderabad / Secunderabad | ₹2.3 Lakhs to ₹8.5 Lakhs per year |
What are the top paying industries for Mortgage Underwriter in India?
Top 5 paying Industries for Mortgage Underwriter in India are:
| Mortgage Underwriter Salary in IT Services & Consulting | ₹2.0 Lakhs to ₹7.0 Lakhs per year |
| Mortgage Underwriter Salary in BPO | ₹2.2 Lakhs to ₹8.3 Lakhs per year |
| Mortgage Underwriter Salary in Financial Services | ₹2.3 Lakhs to ₹9.0 Lakhs per year |
| Mortgage Underwriter Salary in Software Product | ₹1.9 Lakhs to ₹8.3 Lakhs per year |
| Mortgage Underwriter Salary in Analytics & KPO | ₹1.8 Lakhs to ₹8.0 Lakhs per year |
How does experience affect salaries of a Mortgage Underwriter in India?
Experience significantly impacts a Mortgage Underwriter salary in India. Salaries increase with experience, as Mortgage Underwriter take on more complex tasks, responsibilities, and leadership roles.
Mortgage Underwriter salary at different experience level are as follows:
and so on.
| Experience | Average Salary Range |
|---|---|
| 1 year | ₹1.5 Lakhs to ₹5.0 Lakhs per year |
| 2 years | ₹2.1 Lakhs to ₹6.7 Lakhs per year |
| 3 years | ₹2.5 Lakhs to ₹7.0 Lakhs per year |
| 4 years | ₹2.8 Lakhs to ₹8.3 Lakhs per year |
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